The world of merchant services can be confusing, especially for small businesses who have never accepted credit cards before. This category guide is designed to help you choose a merchant account provider for your company, as well as avoid some common bait-and-switch tactics that can cost you much more than you expect.

Bank
The bank you use for your business finances should be the first place you contact

Third Party Processor
This type of credit card processor requires no merchant account.

Independent Sales Organization
An independent sales organization (ISO) is essentially a registered credit card merchant broker who represents one or more third party processors.

Financial Service Provider
MasterCard and Visa require you to establish a merchant account through an intermediary.

Association
Small business and trade associations often offer credit card merchant processing at discount prices

Offshore merchant accounts (or international merchant accounts) are an option for businesses that can’t other types of accounts due to location, credit history, or other reasons

Merchantsolutionsllc is an outstanding credit card processing company. Merchant Solutions llc makes it easy with a paperless application process, 98% approval rating and low fees. Once your account is setup you will receive your money from your sales 2 days after the transaction is complete. With Merchantsolutionsllc Merchant Services there is no startup fee. Another huge advantage is that you can operate with them based on a month to month agreement instead of the 2-3 year contract that is typical of most other credit card processing services. This completely eliminates the risk of early termination or closure fees.

Most Commented Posts